Description
We are pleased to offer Shoney’s at 323 Harold G Clarke Pkwy in Forsyth, Georgia, for sale at $2,100,000. The property totals approximately 5,000 SF and was built in 1989.
This investment opportunity consists of a freestanding Shoney's restaurant located in Forsyth, Georgia. The property is leased to Witherell Enterprises, Inc., a longtime franchise operator that has occupied the location since 2013. The current lease term extends through April 22, 2030, providing investors with stable contractual income from an established restaurant operator.
The lease is structured as an absolute NNN lease, under which the tenant is responsible for taxes, insurance, utilities, maintenance, repairs, replacements, and other property-related expenses. This structure offers a passive ownership profile while limiting exposure to operating expenses and capital expenditures.
Positioned on approximately 1.43 acres along Harold G. Clarke Parkway, the asset benefits from strong visibility, convenient access, and proximity to Interstate 75, one of Georgia's primary transportation corridor
Highlights include: Single-tenant Shoney's restaurant leased to Witherell Enterprises, Inc., a long-standing franchise operator with occupancy dating back to 2013; Absolute NNN lease structure providing a passive investment opportunity with minimal landlord responsibilities; Current lease term extends through April 22, 2030; Freestanding ±5,000 SF restaurant situated on approximately 1.26 acres; Strategic location near Interstate 75 serving both local residents and regional traveler traffic; Established restaurant site within a proven commercial corridor featuring national retailers, hotels, and service-oriented businesses; Strong 5-mile demographics featuring approximately 8,980 residents, 3,460 households, and average household income of $100,700, with continued population and household growth projected over the next five years.
Forsyth serves as a regional commercial destination along Interstate 75 between Atlanta and Macon, drawing consumers from Monroe County and the surrounding Central Georgia market. The corridor is supported by a mix of hospitality, retail, dining, and service-oriented uses that benefit from both local demand and interstate traveler traffic.
The surrounding trade area demonstrates solid demographic fundamentals, with approximately 8,980 residents and 3,460 households within five miles of the property. Average household income exceeds $100,000, supporting consumer spending and long-term demand for restaurant and retail establishments. Continued population and household growth further strengthen the area's appeal for investors and operators alike
Elliott Kyle and Chase Murphy of Skyline Seven Real Estate represent this offering. We welcome inquiries and are glad to share additional property information, photos and terms on request. Please contact us to discuss the opportunity or arrange a tour..s.
Offering Summary
- Asking Price$2,100,000
- Property TypeRetail
- Size5,000 SF
- Built1989
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
5,000 SF - Year Built
1989
Deal Team

Elliott Kyle



